Bitcoin Cash (BCH)

Current price: $ 114.00

24 hours price change: $ 27.70 (32.10%)

Daily analysis of Bitcoin Cash (BCH) - 1 year

The performance of Bitcoin Cash regarding the price differs every day. To make the best decision to buy Bitcoin Cash, we are analysis in this article the performance of Bitcoin Cash on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on December 19th, 2017 to December 18th, 2018.

In the barchart below, the weekdays and average performance of Bitcoin Cash are shown side by side.

Average daily change in price of Bitcoin Cash per weekday between 12/19/2017 and 12/18/2018.

According to the performance of Bitcoin Cash between December 19th, 2017 and December 18th, 2018, Bitcoin Cash performed the best on Saturdays. On average, the price of Bitcoin Cash increased 1.42% on Saturday.

The weekday on which the Bitcoin Cash performed the worst, is Monday. On Mondays, the Bitcoin Cash declined in value on average by -0.52%.

Bitcoin Cash weekday performance

It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Sunday. The average change on a Sunday for the Bitcoin Cash is -0.01%. However, the standard deviation on this weekday is 4.60%. This means that on most Sundays, the change in value of the Bitcoin Cash is between -4.60% and 4.59%.

Allthough the Bitcoin Cash decreases in value with -0.52% on an average Monday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Cash on Mondays is 5.73%. This means that the expected change of the value of Bitcoin Cash is between -6.25% and 5.21% on 68 out of 100 Mondays.

On an average Tuesday, the Bitcoin Cash increased 0.34%. However, since the expected deviation is 5.66%, the Bitcoin Cash will decline in value on a Tuesday quiet regularly. The expected price change of the Bitcoin Cash on a Tuesday is between -5.32% and 6.00%.

Allthough the Bitcoin Cash decreases in value with -0.36% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Bitcoin Cash on Wednesdays is 7.10%. This means that the expected change of the value of Bitcoin Cash is between -7.46% and 6.73% on 68 out of 100 Wednesdays.

It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Thursday. The average change on a Thursday for the Bitcoin Cash is -0.21%. However, the standard deviation on this weekday is 7.11%. This means that on most Thursdays, the change in value of the Bitcoin Cash is between -7.32% and 6.90%.

It is hard to tell whether the Bitcoin Cash will increase or decrease in value on an average Friday. The average change on a Friday for the Bitcoin Cash is -0.26%. However, the standard deviation on this weekday is 5.33%. This means that on most Fridays, the change in value of the Bitcoin Cash is between -5.58% and 5.07%.

On an average Saturday the Bitcoin Cash shows an increase in value of 1.42%. However, the change of Bitcoin Cash on most of the Saturdays is between -3.68% and 6.52%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Bitcoin Cashs.

Bitcoin Cash weekday performance details

Find below the details of the performance of Bitcoin Cash per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-0.01%4.60%-4.60% to 4.59%
Monday-0.52%5.73%-6.25% to 5.21%
Tuesday0.34%5.66%-5.32% to 6.00%
Wednesday-0.36%7.10%-7.46% to 6.73%
Thursday-0.21%7.11%-7.32% to 6.90%
Friday-0.26%5.33%-5.58% to 5.07%
Saturday1.42%5.10%-3.68% to 6.52%